Portfolio news this week (ending 18 July)

Only 2 news articles on TripAdvisor this week. Enjoy your Sunday!

Trip.com CEO joins TripAdvisor’s board: Jane Sun, the CEO of Trip.com has joined TripAdvisor’s board. This move is part of the 2019 strategic alliancebetween the two companies. To maintain her board seat, Trip.com must buy shares amounting to a ~5% stake in TripAdvisor. That should be good for the share price! Link

TripAdvisor sells B2C brands: A Skift article indicated that TripAdvisor is selling eight of its B2C media brands. It’s not material but it’s nice to see TripAdvisor concentrating on its core B2B advertising business. Link

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